Wealth Gap Widens as Top 1% Owns 30% of U.S. Wealth While Bottom 50% Holds Just 3.6%
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The top 1% of U.S. households own around 30% of total wealth ($45.7 trillion), compared to just 3.6% owned by bottom 50% ($3.6 trillion)
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Median household income has decreased since 2019, but wealth of top 1% has increased from $31 trillion to $45 trillion
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Top 1% owns over 50% of corporate equities and mutual funds, 40% of private businesses, 13% of real estate
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Wealth inequality impacts life expectancy - richest men live 15 years longer than poorest men, richest women live 10 years longer
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From 2001-2014, longevity increased 3 years for wealthiest Americans but did not improve for poorest citizens